Puerto Rico's munis represent the 'fattest tail risk' in the market, managers at BlackRock warn. The worry? If investors smell default, a run on the tax-free bonds could break out.
Exchange-traded funds' liquidity could be a double-edged sword
Investors have pulled approximately $1 billion from the two largest junk bond ETFs year-to-date
Stock rally as good a time as any to review allocation.
Managers can adjust on the fly, use currencies to capture alpha.
Investors pulled $5.3 billion in 2012; better than the $36.3 billion yanked in 2011.
The firm announced today it will launch the Vanguard Total International Bond Index Fund during the second quarter.
Being less dependent on federal subsidy is a big plus
Loss of tax revenues, user fees and consumption at the local level could result in further belt-tightening.
Fixed-income diversification will take center stage as interest rates and inflation rise
As interest rates rise, junk bonds could be a safe bet for investors
Most cash goes into stock funds as investors cheer economy.
After years of warning about Treasuries, bond guru Jeffrey Gundlach has started buying Uncle Sam's paper in vast quantities. So what changed?
Spends big chunk of fund shorting Uncle Sam's debt
Co-CIO sees 'possible inflection point' as cash moves to riskier assets.
The top muni-fund manager for 2012 is snapping up debt tied to homebuilding and dirt-backed securities. It's hard to argue with the results.
A long-short approach can help navigate uncertainty but requires particular attention
Dividend-paying stocks, bank loans, short-term Treasuries also can provide an inflation hedge
Finra has warned about a possible route in the bond market. This speaks volumes about the dangers debt-holders are actually facing.
